YEARLY HIGH
0.4191 NGN
YEARLY LOW
0.3556 NGN
YEARLY AVERAGE
0.3954 NGN

2014 MWK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MWK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 0.4191. Conversely, the yearly low was recorded on November 1, dropping to 0.3556.

This high-to-low spread represents a total annual volatility of 0.0635 NGN. From a start-to-finish perspective, comparing the January average rate of 0.3677 to the December average rate of 0.3786, the exchange rate registered a net change of 2.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4191 was down 15.84% compared to the 2013 peak of 0.4980, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MWK based on timing:

Yearly Peak High 2,096 NGN
2013 Average 2,204 NGN
Yearly Trough Low 1,778 NGN
Transaction Impact: A difference of 317.56 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4195
0.3581
JanuMarcMayJulySeptNove

MWK to NGN Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.3968, compared to 0.3939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.3968
H2 Avg (Jul–Dec) 0.3939

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0629 NGN (High: 0.4191 / Low: 0.3562). On the other end, July was the most stable month, with a tight range of 0.0038 NGN (High: 0.4137 / Low: 0.4099).

October Spread (Volatile) ±0.0629
July Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0247 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2014: 0.3873) against the same month in 2013 (average: 0.4320), the exchange rate shifted by -0.0447 (-10.34%).

2014 Avg (October) 0.3873
2013 Avg (October) 0.4320

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3811 0.3563 0.3677
February 0.3932 0.3790 0.3860
March 0.4054 0.3860 0.3944
April 0.4135 0.3975 0.4073
May 0.4148 0.4054 0.4112
June 0.4173 0.4123 0.4144
July 0.4137 0.4099 0.4118
August 0.4133 0.4048 0.4105
September 0.4152 0.4089 0.4121
October 0.4191 0.3562 0.3873
November 0.3780 0.3556 0.3632
December 0.3923 0.3653 0.3786